Prince Pipes Reappoints Chairman, MD, Directors, and Auditors for Extended Terms
Prince Pipes reappointed Mr. Jayant S. Chheda as Chairman and MD for three years (Aug 21, 2026-Aug 20, 2029). Mr. Parag J. Chheda and Mr. Vipul J. Chheda were also reappointed as Whole Time Directors for the same period. M/s. N.A. Shah Associates LLP. were reappointed as Statutory Auditors for five years.
The re-appointment of key managerial personnel and auditors for extended terms provides stability and confidence to stakeholders, impacting operational continuity and governance. The extended terms suggest a positive outlook on their performance and strategic direction.
The re-appointment of key management and statutory auditors indicates stability and continuity within the company's leadership and governance structure.
Prince Pipes and Fittings Limited has announced the re-appointment of key management personnel and the statutory auditors, following approval from the company's members at the 39th Annual General Meeting (AGM) held on September 16, 2026. Mr. Jayant S. Chheda has been re-appointed as the Chairman and Managing Director for a period of three years, from August 21, 2026, to August 20, 2029.
Additionally, Mr. Parag J. Chheda has been re-appointed as the Whole Time Director, designated as Joint Managing Director, and Mr. Vipul J. Chheda has been re-appointed as the Whole Time Director, designated as Executive Director. Both will serve for a term of three years, commencing August 21, 2026, to August 20, 2029.
Furthermore, the members approved the re-appointment of M/s. N.A. Shah Associates LLP., Chartered Accountants, as the Statutory Auditors for their second term of five consecutive years. This term will extend from the conclusion of the 39th AGM until the conclusion of the 44th AGM of the Company. The company confirmed that all re-appointments were approved with the requisite majority.
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Prince Pipes And Fittings Limited filed this with the NSE as a statutory disclosure, categorised under agm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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